Litecoin Foundation Information Bill
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The Litecoin Foundation is a non-profit organization registered in Singapore. Their mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.
Litecoin Foundation Features
SPEED – Litecoin transactions are confirmed faster than other cryptocurrencies like Bitcoin because it generates a block every 2.5 minutes as opposed to Bitcoin’s 10 minutes. This means your money gets to its destination quicker
SECURITY – Litecoin keeps a record of every transaction in its blockchain which is near impossible to alter because of the way it is secured through miners and a high hashrate. Essentially the ledger Litecoin creates cannot be altered
LOW FEES – Whether sending large or small amounts Litecoin transactions have extremely low fees. Payment processing fees are also far less than those incurred by credit cards and other forms of payment an ideal feature for businesses
LIQUIDITY – Litecoin is consistently among the top coins in terms of liquidity. This means it is more readily available for daily purchases and conversions into local currencies.